Axa S.A. Lowers Position in NVR, Inc. (NYSE:NVR)

Axa S.A. trimmed its holdings in shares of NVR, Inc. (NYSE:NVR) by 1.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,198 shares of the construction company’s stock after selling 13 shares during the quarter. Axa S.A.’s holdings in NVR were worth $9,798,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of NVR. Davidson Kahn Capital Management LLC acquired a new stake in shares of NVR during the fourth quarter valued at about $1,497,000. Caisse DE Depot ET Placement DU Quebec increased its holdings in NVR by 2.2% in the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 15,612 shares of the construction company’s stock valued at $127,689,000 after purchasing an additional 329 shares during the last quarter. Kapitalo Investimentos Ltda purchased a new stake in NVR in the fourth quarter valued at approximately $237,000. Voleon Capital Management LP purchased a new stake in NVR in the fourth quarter valued at approximately $3,092,000. Finally, Schonfeld Strategic Advisors LLC lifted its stake in NVR by 8.6% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 190 shares of the construction company’s stock worth $1,554,000 after purchasing an additional 15 shares in the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

NVR has been the topic of several research analyst reports. UBS Group cut their price objective on NVR from $8,900.00 to $7,900.00 and set a “neutral” rating on the stock in a report on Wednesday, April 23rd. JPMorgan Chase & Co. cut their price target on shares of NVR from $9,245.00 to $8,570.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, NVR currently has an average rating of “Hold” and an average price target of $9,023.33.

NVR Stock Down 0.6 %

Shares of NVR stock opened at $7,078.69 on Tuesday. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22. NVR, Inc. has a 52-week low of $6,562.85 and a 52-week high of $9,964.77. The company has a market capitalization of $21.02 billion, a P/E ratio of 13.95, a P/E/G ratio of 2.39 and a beta of 1.02. The company has a 50 day moving average of $7,190.04 and a 200 day moving average of $8,005.89.

NVR (NYSE:NVR) last released its quarterly earnings data on Tuesday, April 22nd. The construction company reported $94.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $107.87 by ($13.04). The firm had revenue of $2.40 billion for the quarter, compared to analysts’ expectations of $2.35 billion. NVR had a return on equity of 39.67% and a net margin of 16.34%. As a group, research analysts forecast that NVR, Inc. will post 505.2 EPS for the current fiscal year.

Insider Transactions at NVR

In related news, Director Thomas D. Eckert sold 143 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total transaction of $1,074,730.80. Following the completion of the sale, the director now owns 1,050 shares in the company, valued at $7,891,380. The trade was a 11.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 7.00% of the company’s stock.

About NVR

NVR, Inc operates as a homebuilder in the United States. The company operates through, Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers.